Get multiple home insurance quotes in 70503. Our licensed 70503, LA agents are ready to serve you.

70503 Online Home Insurance Rates

Comparing a bunch of different rates for your home in 70503 is very time consuming. At GetHomeInsuranceQuotes.com, we help you shop and compare up to 12 major top-rated A.M. Best companies, to present the most affordable rates for homeowners living in Lafayette, LA. Not only do we provide free comparitive rates, but we also answer any questions you have and offer a free consultation process to help you decide which coverage option is best for you. Most of the time, we can add up to 40% more in savings by applying all the discounts and credits, like a home/auto package, security alarm, new roof upgrade or even deadbolts. It's easy to shop with us, we have already partnered with the most competitive home insurance companies in the 70503 area. If you enter your zip code, you can easily begin the online quoting process, it only takes a few minutes. If you would like to give us a call now at 1-855-976-2656 we will be happy to hear from you.

If you would like to review more information on home insurance premiums in Louisiana, like average Lafayette homeowners insurance rates, coverage options or home insurance types, please select Lafayette, LA Home Insurance Rates Online!

70503 Home Insurance Average Premiums

Local 70503 homeowners insurance quotes comparison

$1218 /yr.

Shows Zip Code: 70503 lowest rates with discounts applied on average.

For the 70503, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$1218 /yr.
Average Coverage:$1468 /yr.
2600 sq. ft. or higher
(all discounts applied)
$1768 /yr.

What is the average home insurance cost for a home in 70503?

  • • The average homeowners insurance premium paid annually for a home in 70503 is around $1468 per year.

What does it cost on average per month for home insurance in 70503?

  • • Homeowners in 70503 pay a monthly average cost per month around $122.00.

What kind of discount could I get if I combine my home and auto insurance together in 70503?

  • • Autoowners in 70503 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

You can easily shop and compare home insurance rates within Lafayette, check out other zip codes nearby 70503.
To review average rates in another zip code, click on a zip code below:
70506  |  70503  |  70501  |  70507  |  70508  | 

Home Replacement Cost Coverage in 70503

Average Building Cost Per Square Foot in 70503: $122

Location: Lafayette, Louisiana (Lafayette County)

Average Square Footage in 70503: 2,175 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 70503 before you start any project. Lafayette homeowners pay on average around $122 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 70503 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 70503 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,175 sq. ft. and the average cost to rebuild the home in this area is around $122 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Lafayette area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$1222,175$265,400
Additional Upgrades & Added Features$1532,175$331,750
Major Home Updates or Advancements$1832,175$398,100

It's important to understand that when you estimate your replacement cost of your home in the 70503 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 70503

Andrus Dwight W Insurance Agency Inc

Address: 5501 Johnston Street Lafayette, LA 70503
Phone: (337)981-7300
Website:

Burch Marcus Pool Krupp Daniel Bnx-A DVSN of Arthr

Address: 229 Heymann Boulevard Lafayette, LA 70503
Phone: (337)235-8866
Website: www.bmp-ins.com

Babineaux Lawson

Address: 229 Heymann Boulevard Lafayette, LA 70503
Phone: (337)235-8866
Website: www.bmp-ins.com

Daniel David

Address: 229 Heymann Boulevard Lafayette, LA 70503
Phone: (337)235-8866
Website:

Pool Gene

Address: 229 Heymann Boulevard Lafayette, LA 70503
Phone: (337)235-8866
Website:

Best Home & Auto Insurance Agencies in 70503

Allstate Insurance Company - Brian Kerstetter

Address: 3219 Johnston St Lafayette, LA 70503
Phone:
Website: http://www.allstateagencies.com/051938?cid=OTC-YP.com-IYP&att=TL
Info:

Quality Plus Insurance

Address: 1538 W Pinhook Rd Lafayette, LA 70503
Phone:
Website: http://www.qualityplusinsurance.com/
Info:

John Jr- G Joey - State Farm Insurance Agent

Address: 4041 Ambassador Caffery Pky Lafayette, LA 70503
Phone:
Website:
Info:

Montesano- Joseph J - State Farm Insurance Agent

Address: 5711 Johnston St Lafayette, LA 70503
Phone:
Website:
Info:

Direct General Insurance Agency Inc

Address: 2014 Johnston St Lafayette, LA 70503
Phone:
Website: http://www.cashregister.com
Info:

Housing Demographics for 70503

Population Review for 70503 Zip Code

For the city of Lafayette, the population within 70503 has increased to over 28,862 residents in population size. The current population total is 27,497. We have broken down the population based on race below. In 70503, there are over 13368 in male population and 14129 females.

PopulationValues
Total Population27,497
White Population21793
Black Population2243
Hispanic Population1554
Asian Population1238
Hawaiian Population15
Indian Population134
Other Population360
Male Population13368
Female Population14129
Population Estimate28862

Household Data for 70503

The average number of homes in 70503 is around 11,627, there are an average of 2.35 per household. The average house value according to local real estate values is around $265,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode11,627
Persons Per Household2.35
Average House Value$265,400
Income Per Household$83063
Median Age38.3
Median Age Male37.2
Median Age Female39.3
70503 DetailsValues
StateLA
State Full NameLouisiana
City TypeP
City Alias Abbreviation
Area Code337
CityLafayette
City Alias NameLAFAYETTE
CountyLafayette
County FIPS055
State FIPS22
Time Zone6
Day Light SavingY
MSA3880
PMSA
CSA318
CBSA29180
CBSA_DIV
CBSA_TypeMetro
CBSA_NameLafayette, LA
MSA_NameLafayette, LA MSA
PMSA_Name
RegionSouth
DivisionWest South Central
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses1644
Number Of Employees20027
Business First Quarter Payroll216737
Business Annual Payroll967877
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population273738
CBSA Division Population0
Congressional District03
Congressional LandArea6983.32
Delivery Residential12282
Delivery Business2022
Delivery Total13956
Preferred Last Line KeyY23984
Classification Code
Multi-County
CSA NameLafayette-New Iberia-Opelousas, LA
CBSA_DIV_Name
City State KeyY23984
Land Area11.324000
Water Area0.076000
City Alias Code
City Mixed CaseLafayette
City Alias Mixed CaseLafayette
Box Count0
SFDU9374
MFDU2376
State ANSI22
County ANSI055
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number214979
Unique ZIP Name
SSA State County Code19270
Medicare CBSA Code29180
Medicare CBSA NameLafayette, LA
Medicare CBSA TypeMetro
Market Rating Area ID3
County Mixed CaseLafayette

Louisiana Homeowners Insurance News & Information

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    Recently, Insurify released its third annual American Homeowner Insurance report which offers a detailed forecast of insurance trends in the U.S. for 2025.  States that have a high risk of wildfires and severe weather will see the largest increases in homeowners insurance premiums. According to the report, Louisiana will see the largest premium increases with […]

  • Top 10 States That Have the Highest Rates of Uninsured Homes Posted on Tuesday 22nd April, 2025

    As recent headlines have made clear, climate change has led to more frequent extreme weather events which has led to a rise in homeowner insurance claims. As insurers deal with an increased number of claims, they pass those additional costs onto homeowners via higher premiums, regardless of whether you have filed a claim or not.  […]

  • 2025 Spring Cleaning Insurance Tips for Homeowners Posted on Monday 31st March, 2025

    Spring is here, the days are getting longer, the weather is warming up and the trees are starting to bud. All of this makes it a great time for homeowners to knock out some spring cleaning and home maintenance.  We thought it might be a good idea to look at some spring cleaning and maintenance […]